ALEXANDER (SCOTLAND) & CO LIMITED
Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
7 live charges · 4 lenders · oldest 24.5y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 24.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | — | 3900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 2 officers
- • 2 officers
Corporate timeline (46 events)Click to expand
- 2026-02-05➖MACLACHLAN, Gayle Stewart resignedsecretary
- 2026-02-05➖MACLACHLAN, Gayle Stewart resigneddirector
- 2026-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-05📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-07🔓Charge satisfied #7
- 2024-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-07-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-07-26📄memorandum-articlesincorporation · MA
- 2023-07-26📄resolutionresolution · RESOLUTIONS
- 2023-07-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-14🔓Charge satisfied #5
- 2023-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-25➕MCLEAN, Stephen Dan appointeddirector
- 2022-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-02-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-07🔓Charge satisfied #4
- 2020-01-30🔒Charge registered #7Lender: Bank of Scotland PLC
- 2019-03-04🔒Charge registered #6Lender: Bank of Scotland PLC
- 2017-11-10🔒Charge registered #5Lender: Bank of Scotland PLC
- 2017-05-19🔓Charge satisfied #2
- 2015-12-22🔒Charge registered #4Lender: D W Ward (Stirling) Limited
- 2014-12-01➕SHARP, Stuart John appointeddirector
- 2014-12-01➕MACLACHLAN, Gayle Stewart appointeddirector
- 2013-05-30🔒Charge registered #3Lender: Lloyds Tsb Commercial Finance LTD, No 1 Brookhill Way, Banbury, Oxon, OX16 3EL
- 2012-11-06➖MACLACHLAN, Gordon Alexander resigneddirector
- 2011-07-14➕MACLACHLAN, Gayle Stewart appointedsecretary
- 2011-07-14➖MACLACHLAN, Gordon Alexander resignedsecretary
- 2001-10-19🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2001-10-09🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2001-10-03➕MACLACHLAN, Glenn Alexander appointeddirector
- 2001-10-03➕MACLACHLAN, Gordon Alexander appointedsecretary
- 2001-10-03➖DALGLEN SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2001-10-03➕MACLACHLAN, Gordon Alexander appointeddirector
- 2001-10-03➖DALGLEN DIRECTORS LIMITED resignedcorporate-nominee-director
- 2001-06-20🏢Company incorporatedAs ALEXANDER (SCOTLAND) & CO LIMITED
- 2001-06-20➕DALGLEN SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2001-06-20➕DALGLEN DIRECTORS LIMITED appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MACLACHLAN, Gayle Stewart resigned 2026-02-05; MACLACHLAN, Gayle Stewart resigned 2026-02-05
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Alexander (Scotland) & Co Eot Trustees Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Alexander (Scotland) & Co Eot Trustees Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 05/07/2023 |
1 historic (ceased) PSC
- Mr Glenn Alexander Maclachlanceased 05/07/2023· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (3 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 30/01/2020 | 07/03/2025 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 04/03/2019 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/11/2017 | 14/07/2023 | |
| satisfied | D W Ward (Stirling) D W Ward (Stirling) Limited | A registered charge | 1 property | 22/12/2015 | 07/02/2020 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance LTD, No 1 Brookhill Way, Banbury, Oxon, OX16 3EL | A registered charge | 1 property | 30/05/2013 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 19/10/2001 | 19/05/2017 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 09/10/2001 | — |